The Debt Agency will issue two government bonds on March 4, one for 1 year and one for 3 years. The agency wants to limit the amount raised to 6 billion euros and can close the registration for these government bonds early, it announced in a press release on Tuesday.
Tuesday, February 13, 2024 at 4:03 PM
The Agency has proposed to Minister of Finance Vincent Van Peteghem (CD&V) to reissue the 1-year government bonds at the reduced withholding tax rate of 15.0 percent. For the 3-year government bond, the withholding tax rate will as always be 30.0 percent.
Van Peteghem has been advocating for a new tax-friendly one-year government bond for some time, after a successful issue last summer. The reduced withholding tax rate of 15 percent still requires approval from State Secretary for Budget Alexia Bertrand (Open VLD) before February 19.
The coupons of both State Notes will be announced on Tuesday, February 20, 2024.
